September 23, 2014 12:29 pm
Gold and silver futures climbed during midday trade in Europe today, bouncing off multi-month lows. Meanwhile, copper futures added on the back of better-than-expected China factory data. Gold futures for December delivery on the Comex in New York traded at $1 232.5 per troy ounce by 12:24 GMT, up 1.20%. Prices ranged from $1 214.7 […]
Read moreSeptember 23, 2014 9:58 am
Natural gas futures were to the upside during early trade in Europe today, extending Mondays gains. Weather patterns call for very comfortable conditions over key natgas-demand regions in the US this week, dampening bullish outlooks, though longer-term projections already glimpse early winter cold. Front-month natural gas futures for settlement in October on the New York […]
Read moreSeptember 23, 2014 8:54 am
Corn and wheat futures were further in the red during early trade in Europe today, while soybeans managed to halt the slide, though not before logging massive losses, as traders priced in the latest figures on US crops. Weather patterns call for few rains and mild temperatures in the Midwest and Northern Plains this week, […]
Read moreSeptember 23, 2014 7:54 am
Gold futures were little changed during early trade in Europe today, as investors look to upcoming US economic data to reinforce bullish sentiment for the dollar, pressuring commodities, and especially gold. Gold futures for December delivery on the Comex in New York traded at $1 217.6 per troy ounce by 7:52 GMT, down 0.02%. Prices […]
Read moreSeptember 23, 2014 7:01 am
WTI and Brent futures edged higher during early trade in Europe today, as investors priced in a brighter demand outlook in second-top oil consumer China. Upcoming US inventories data is also on the radar, after increased Libyan output depressed prices on Monday. WTI futures for November delivery on the New York Mercantile Exchange traded at […]
Read moreSeptember 22, 2014 8:25 am
Gold futures opened this week down in the red, extending the bearish trend from last week and setting a new nine-month low, as soaring dollar and US stocks drained precious metals of their appeal. Investors now look to key US and EU data to reinforce dollar bulls, pressuring havens further. Gold futures for December delivery […]
Read moreSeptember 21, 2014 9:14 am
Natural gas fell on Friday and settled the week lower after the EIA reported on Thursday the 22nd straight above-average inventory gain and as weather forecasts pointed to moderating temperatures next week. On the New York Mercantile Exchange, natural gas futures for delivery in October lost 1.87% on Friday to settle the week 0.4% lower […]
Read moreSeptember 21, 2014 7:18 am
Gold futures edged lower this week, after the Fed raised the projected central lending rate by end of 2015, spurring a rally for the dollar, weighing heavily on the precious metal. Gold futures for delivery in December dropped 0.84% on Friday, closing at $1 216.6 per troy ounce, ~1.3% down for the week. Weekly high […]
Read moreSeptember 20, 2014 7:05 am
WTI and Brent futures were little changed this week, as investors struggled to find direction amid speculation of a cut in OPEC output and ample global supplies. A pricier dollar also weighed on contracts, though the upbeat economic data also spurred positive sentiment for US demand. WTI crude for delivery in October on the New […]
Read moreSeptember 19, 2014 12:07 pm
WTI and Brent futures were little changed during midday trade in Europe today, heading for minor weekly changes as supply-demand outlooks unsettled the market. Meanwhile, natural gas erased earlier gains and looks to settle the week where it started. WTI futures for October delivery on the New York Mercantile Exchange traded at $92.71 per barrel […]
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